Institutional Environment and Green Economic Growth in China

Table 2

Summary statistics.

Variable	Description	Obs	Mean	Std. dev.	Min	Max
GTFP	Green economic growth: total factor productivity	510	0.4872	0.2214	0.1283	1.0000
INSTIL	Institutional quality	510	5.9995	0.6528	4.2149	7.8347
GSE	Governmental subenvironment	510	7.0041	0.7808	4.5242	8.4932
LSE	Legal subenvironment	510	6.1017	0.5943	3.4581	8.5107
CSE	Cultural subenvironment	510	4.8927	1.9576	0.0000	10.0000
FDI	Foreign direct investment: total utilized FDI/GDP	510	0.0270	0.0295	0.0000	0.2074
EDU	Education: weighted average valuation of classified and assigned different levels of education	510	8.4035	1.0559	5.4383	12.3891
MARKET	Marketization: marketization level	510	6.0102	1.8294	2.3700	10.9200
OPEN	Openness: total volume of foreign trade/GDP	510	0.3415	0.4399	0.0133	1.8910
RD	The proportion of research and development expenditure in GDP	510	0.0127	0.0104	0.0015	0.0628
URBAN	The proportion of urban population in total population	510	0.4838	0.1538	0.1389	0.8961
IS	Industrial structure: the value of secondary industry output/GDP	510	0.9386	0.4643	0.4945	4.1656